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of that, plus video of jamie foxx's bizarre tribute to his lord and savior. barack obama? "hannity" starts right here, right now. >> it's clear the democrats spell blood in the water. if a deal is not reached by january 1st, a series of defense budget cuts will mean massive tax hikes reaching every american. we've seen democrats from the president on down using the so-called crisis to ram their left wing agenda down your throat. they want bigger taxes, bigger government. for example, take a look. >> if despite the dangers of going over the fiscal cliff and what that means for our economy, that there's too much stubbornness in congress, that we can't even agree on giving middle-class families a tax cut, then middle-class families are all going to end up having a big tax hike. that's going to be a pretty rude shock for them, and i suspect will have a big impact on the holiday shopping season, which in turn will have an impact on business planning and hiring, and we can go back into a recession. >> sean: republicans hate big beared and santa claus. don't buy this hype, such as letting the bus
research center showing that young voters played a decisive role reelecting president obama. >> brown: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: a still tentative american economy looked online today, as digital deals were to be had, and holiday shoppers lit up web sites. retailers had high hopes that cyber monday sales would add to what's been a strong start so far. >> if all goes as expected, today will end up being the busiest online david year, with major bargains and steep discountses just a click away. >> every year we see more and more consumers shopping is online, both the younger com
obama promise, but some promises are made to be broken, and i think this is probably a good move. but first up congress back at work tonight after the holiday recess with now just 35 days to go. are we any closer to a tax and fiscal cliff fix? cnbc's own chief washington correspondent john harwood joins us now with all the details. good evening, john. >> reporter: good evening, laurie, and i think we are getting somewhat closer, and the white house would count it as good news that you found common cause with their report on the impact of fiscal spending. let's talk for a moment about what's happened on the fiscal cliff by the numbers since that early constructive meeting with the congressional leaders and the president. the numbers are all one. there's one month left for these leaders to figure it out. two, 1.4 it is is the amount to be shaved off by gdp and one is the amount of trillions of dollars that democratic aides, senior democratic aides tell me is necessary to get a deal wit end of the year with the remaining 3 trillion of savings coming in the early part of next year, a
before president obama nominates her. but they did not take miss rice's answers too well. >> i want to say i'm more troubled today knowing, having met with the acting director of the cia and ambassador rice, because it is certainly clear from the beginning that we knew that those with ties to al-qaida were involved in the attack on the embassy, and clearly the impression that was given and the information given to the american people was wrong. megyn: senator kelly ae ayotte will join us live next hour. this will be her first public interview since she sat down with miss rice this morning. what exactly did ambassador rice say behind closed doors? why is senator yea a yeah at anayotte and the other two senators so fired up. this was supposed to be the olive branch. it didn't work. we'll find out what happened when she talks to us live. three weeks removed from election today and suddenly americans are being hit by an on shraugt of neon sthraut of new campaigning. a look at the white house now where press jay carney just began today's briefing. he reiterated that president obama will
and is qualified for a number of positions in the foreign policy arena. i will leave it at that. >> president obama shows his support of susan rice as well. he had his first white house news conference after his election. the president took exception to republican senators critical of rice. if they want to come after any one they should come after me. >> kelly wright, thank you very much. senator lindsay graham is one of the three senators who have a lot of questions for ambassador rice. >> he gave us a preview of what he will be looking for during today's discussion. >> she asked to meet with us i will listen to what she has to say about her role in benghazi. the more i know about benghazi the more upset i am that the consulate was even open on september 11th. when you look at the history about the dangers we should never have been open or heavily reinforced. during the attack i am more core idea about how we couldn't help them for 7 hours. a spontaneous event caused by video turn nude a riot is less credible than ever. i want to listen to her side of the story. the most basic information on what
the fiscal cliff. we have tracie potts with details from washington. >> reporter: today, president obama meets with small business leaders. a new white house economic report warns if tax breaks go away, the average middle class family will owe uncle sam $2,200 next year. >> middle class families should see an extension of the tax cuts. >> reporter: some republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we have been open to revenue by closing loopholes as long as it is tied to spending cuts and pro-growth tax reform that broadens base. >> you don't raise rates. you cap the amounts of eitemize deductions. >> reporter: america is borrowing too much money trying to keep social security and medicare afloat. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> this congress is already one vote away from avoiding the fiscal cliff. >> reporter: and no word yet on when the next white house meeting will happen. tracie potts, nbc news, washington. >>> thank you. the governor of new
don't have the deductions in credits. what obama is hoping to do is raise taxes spend the money, kill tax reform for individual. >> eliot: meanwhile, some democrats would rather see the country jump off the fiscal cliff than agree to cuts in social security or other social programs. telling nbc news the cliff was more like a gentle slope and there would be plenty of time next year to mitigate it's affects if the deal could not be made. >> this is not an one-day event. thechy does not go into the tank on january 1st or january 2nd 37 all of the tax changes would be for next year's taxes. not this year's taxes. you don't see that immediate impact. >> eliot: i'm joining joined by bernie sanders. welcome. >> thank you. >> eliot: do you think the hold has been broken. >> it does appear that is the case. after the election after poll after poll after poll some republicans are catching on to the idea that you can't get out of the deficit crisis just by cutting, cutting cutting and we all will have to raise taxes. >> eliot: of all the permutations that you've heard of the ideas being floated
-election, president obama took exception to republican senators critical of rice saying, quote if they want to come after anyone, they should come after him, after me. bill: he said it with force. kelly, thank you. waiting on the meeting in washington. martha: ambassador rice, reportedly as we were saying one of the top candidates to replace secretary of state hillary clinton and the president seemed to lay down the gauntlet to senators mccain and graham if the first news confriends after the election. kelly referred to this moment. let's look at it from november the 14th. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. martha: that is really the feistiest moment of that news conference. the president, who you see here, with ambassador susan rice and former president bill clinton and others they are described as close and president obama made it clear that republican opposition from will not keep him from nominating her for second irat that of state if that is what he decides to do. so we will see. big moment coming up in 26 minutes from now on
in washington. the president's fiscal cliff campaign. live pictures of the white house are president obama will meet today with 15 small business owners. the first of a series of meetings this week as the administration puts the pressure on congress to make a deal. the "washington post" reporting the talks are accelerating between president obama and top congressional leaders, including john boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senato
is just days away. pressure is mounting on president obama to approve the new route. ceo of transcanada is here for a fox business exclusive. even when they say it's not it is always about money melissa: first let's take a look at the day's market headlines. stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal cliff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell 89 points. >>> shares of green mountain coffee are skyrocketing after-hours. the company solidly beat expectations for fiscal fourth quarter earnings, pointing to strong sales of its k cup coffee & tea packs. >>> apple reportedly fired the manager behind apple maps. iphone software has been widely panned for flaws and inaccuracies since its launch back in september. what you really want is an accurate map, so there you go. >>> on to our top story tonight, president obama ups the ante on fiscal cliff pressure meeting with small business owners from all walks of live at the white h
people had in her minds about the obama administration, and i find that it's dissipated since election day. still, the passionate opponents of the president trumpet this, but i don't think it's got much traction in middle america. >> thank you all. i really appreciate your time and your insight into this story. thank you. i really appreciate it. coming up, president obama's new fiscal cliff strategy revealed. the president taking a page from his campaign. he's trying to get the public on his side when it comes to extending the bush tax cuts for the middle class. do the exit polls show he has the public on his side? chris van hollen will join us live. plus, another day of deadly protests in cairo over egypt's president morsi's new sweeping powers that he is seeking. we'll get a live report. plus, the former head of florida's republican party, he's making a stunning claim about the state's early voting law saying it was deliberately designed to suppress minority votes. it's just one of the things we thought you should know. join our conversation on twitter. you can find us at @tamronhall
that the obama administration decimated al qaeda. that's something that rubs these republican senators the wrong way. i will tell you what she told them, i'm told, inside the classified briefing this morning, what she meant was it was the core of al qaeda, that's what the obama administration has decimated. but these republican senators think she's lef the impression it's al qaeda in general. last thing i will tell you i was told she did say to the republican senators behind closed doors she regrets saying what she said because she knows it was simply not right. >> where does this go from here? obviously investigating intelligence officials as well, i imagine? >> yes. as i said, the acting director of the cia also in this room. and senators, republicans and democrats, are not thrilled with the information that they got publicly or privately. but the -- what goes on from here more meetings. she's back here, we believe, this afternoon, tomorrow she has a meeting with one senator, bob corker of tennessee, probably others. she's going to make the rounds and she's going to keep trying to persuade sen
fiscal cliff president obama is taking his case to small business owners from across the country, meeting with more than a dozen at the white house, looking to avoid a year-end tax hikes and spending cuts. republican leaders will meet with a bipartisan group of former members of congress as list leaders as well as both sides hold the line on taxes. >> i'm willing to put revenue on the table to pay down debt and create a better economy but my democratic friends have to reform entitlements. what will make us greece is not raising taxes. what will make us greece is not fixing medicare, medicaid and social security. jon: white house press secretary jay carney says president obama will not give on extending current tax rates on wealthy americans. on entitlements carney says the president is open to changes except when it comes to social security. >> the president has long made clear that he is open to discussions about strengthening social security as part of a separate track. jon: so is the u.s. economy heading for a plunge over the fiscal cliff? with us now, associate editor and columnist fo
obama for doing his job in storm recovery. those high approval marks are also sparking new speculation about a potential presidential run for chris christie in 2016. >>> and speaking of that, another possible republican contender is your friend, go ahead -- >> jeb bush. >> yep. he met yesterday with former staffers near the white house where he reportedly entertained questions about his political future. >> according to "the national review," mika, governor bush sat down with a number of veteran florida operatives along with mitt romney's pollsters. he said mr. bush remained coy about making a run for the white house and instead deflected the focus towards his efforts on educational reform. >> potential candidates are lining up for a chance to fill congressman jesse jackson jr.'s house seat after he resigned amid scandal last week. a special election is set for mid-march but will likely be pushed to april. the son of the famed civil rights leader is currently the target of multiple investigations including one for the alleged misuse of campaign funds. jackson has been out of the public
a long time. president obama got beaten up pretty good in the debates. it looks to me that he will be more flexible. when push comes to shop, he will be more flexible. he wants to leave a legacy of the greatest president of all time. connell: steve moore making the case a moment ago that we will go over the cliff for a few weeks, a few months, whatever it may be. you make a bet that he does a deal before the end of the year because he is worried about his legacy. are you sure enough about it to bet on something in the markets? >> well, yeah. absolutely. i think he made it on the intraday low at 1343. i think that holds up at year end. i just got back from europe. everyone over there is bearish and underinvested. i think if the market does not fall apart right here, i think they will be forced to chase in the santa claus rally. connell: it is that time of year again. going over the cliff, however, you assign some probability to that. first, tell us about that. how will the market react to that? would that really happened or what the market kind of look down the road and say the
politicians take the fiscal clipper demint to the voters again. obama's heads to suburban philadelphia. white house officials will say he continues to make his case to keep them where they are earning less than two 1/5 thousand and those making more. after a week of meetings of ceo and business leaders but not any with congressional negotiators. >> instead of sitting down with lawmakers to work out agreement, he is back on the campaign trail with the same talking points. >> the president tries to dramatize what the president shows the 60% of voters agree the wealthy should pay more in taxes. >> and republicans are responding that house republicans will visit local small businesses to emphasize the threat to jobs posed by the small business tax hike. lori: the epa may impose new regulations on air quality and carbon emissions and now one of particular is trying to prevent them from going into effect and peter barnes has details. senator inhofe the most vocal critic of the epa, the heartland institute presented him with more than 16,000 petitions and that demand congress cohmad graner wrote age
ambassador rice campaigned for president obama against the republican candidate, senator john mccain. it was heated. it was difficult. the democrats believe it was not forgiven by john mccain. what do we know of meeting, catherine? >>reporter: we have to rely on the readout from the ambassador rice and the republican senators because it was behind closed doors. we saw the senators and rice arriving to plain five days after the attack she characterized the attack as spontaneous and blamed the video 2309 death of four members. the explanation she relied on the best available intelligence fell short. >> i am more convinced than ever it was bad, it was unjustified, to give the scenario as presented by ambassador rice and president obama three weeks before an election. >>reporter: the talking points that stripped out language including al qaeda, senators say she has classified material that showed evidence of terrorists. >> when you have a position of ambassador to the united nations you go classified talking points in your responsibility for the job. >>reporter: and her meeting this
lawmakers are signaling a willingness to cut a deal with president obama. but doing so, it would require republicans to break a long-standing gop pledge. some republican lawmakers say they're now willing to defy party politics and cut a deal on taxes. if congress doesn't act, $650 million of spending and tax increases will take place on january 1st. but there's fresh hope in washington that republicans and democrats can strike a deal. >> the world has changed. >> reporter: the biggest obstacle is a pledge of no tax increases of virtually any kind that every republican has signed. but with fiscal calamity on the horizon, some gop lawmakers have changed their tune. >> i will violate the pledge, long story short, for the good of the country. >> reporter: defying the pledge would buck 20 years of republican orthodoxy. this is the man behind the pledge. he's gotten thousands of republicans to sign the pledge, in exchange for help getting elected. the lawmakers open to breaking the pledge say they will do so by closing loophole, not raising taxes, putting them at odds with president obama, who
their deductions? close loopholes? or raise their tax rates? today president obama meets with small business leaders continuing his push for higher taxes for the wealthy. a new white house economic report warns if tax breaks go away, the average middle-class family will owe uncle sam another $2,200 next year. >> it seems to be the thing that we can all agree on, that middle-class families should see an extension of these tax cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we've been open to revenue by closing loopholes as long as it's tied to spending cuts and pro-growth tax reform that brudens the base and lowers rates. >> you don't raise rates, you just cap the amount of itemized deductions that taxpayers -- it hits the wealthy. >> reporter: the bottom line, republicans say americans borrowing too much money trying to keep medicare and social security afloat. lawmakers with the fix-the-debt coalition meet here tomorrow. >> there's going to come a point in time where we can't borrow any more mo
-and-take to get there. listen to this. 72% in our brand-new cnn/orc poll say they want president obama to compromise with republicans on taxes and spending. an identical 72% want republicans to do the same, compromise with the other side. as for what compromise should entail, 67% favor a mix of spending cuts and tax increases. that's what they say real progress would look like. keeping them honest, real progress is one thing. washington progress is another. so far at least we see much more of the second than the first, and we're getting late new word that any progress might be stalled. more on that shortly. first, a good example of washington progress. republican lawmakers standing up in a limited way to a beltway power broker named grovier norquist over the 1980s era pledge he pressures them to sign promising not to raise any taxes ever. >> i'm not obligated on the pledge. i made tennesseans aware. i was just elected. the only thing i'm honoring is the oath i take when i serve when i'm sworn in this january. >> that's senator bob corker and one of the a handful up republican lawmakers
and that was raising taxes on wealthy people, and people knew that's what president obama wanted to do. they new mitt romney didn't want to do it and voted for president obama. he has the authority of the election behind him, and that gives him a good hand here. >> david let me ask you about grover norquist. the man who authored the pledge that so many reps signed and mike lee was the latest to say there's a lot of ways to skin a cat and back off the pledge. grover spoke to soledad on cnn. here was his comment. >> if you want to go to your voters and say, i promised you this, and i'm breaking my promise, you can have that conversation with them. you don't have an argument to we. you made a commitment to voters. >> he says he will try to unseat people that go against the pledge? is this a real risk that people that are up for re-election could lose jobs over this it or no? >> it is a real risk. it's not just grover norquist, it's the club for growth and other entities that do that. understand what direction these people leading the party in. they concede the republican party is a fundamental congressi
people. people knew that's exactly what president obama knew. they knew mitt romney didn't want to do it, and they voted for president obama. >> david, let me ask you about grover norquist. obviously, the man who authored the pledge that so many reasons have signed. mike lee from utah was the latest on the show to say, back off the pledge. grover spoke to soledad this morning on cnn, if you break my pledge, you're going to have to deal with voters. here was his comment. >> if youen watt to go to your voters and say, i promised you this, and i'm breaking my promise. you can have that conversation with them, but you're not having that argument with me. you made a commitment to your voters. >> he says he's going to try to unseat people who go against the pledge. is this a real risk that saxby chambliss or lindsey graham could end up losing their jobs over 24? >> it is a real risk. understand what direction these people are leading the party in. they conceive the republican party is fundamentally a congressional force, oppositional force. the whole point is to say, someone else is acting, an
that means higher tax rates for high incomes are on the table. something president obama campaigned and won re-election on. senator lindsey graham also breaking with norquist says no on higher tax rates, but is open to more tax revenue by limiting deductions. >> i will violate the pledge long story short for the good of the country only if democrats will do entitlement reform. >> another lawmaker who's breaking with the norquist agrees. >> i think everything should be on the table. i myself am opposed to tax increases, i'm not going to prejudge it, we should not be taking iron clad positions. >> late today in the situation room, republican kevin mccarthy, the house majority whip put a fresh spin on what seems to be the talking points. >> if the goal is to raise more revenue, what is the best way to do that? at the same time protecting the economy? if you're able to gain more revenue by closing special loopholes, and limiting them. and keeping the rate down, so you have better ground control, isn't that a better outcome. >> talk of tax deductions and closing loopholes. a big note on raising
obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday rings up record sales on what's expected to be the busiest online shopping day of the year. this is the morning news. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that mo
of the discussion. >> all three legs of this will have to be part of it. >> reporter: president obama has tapped treasury secretary tim geithner to lead negotiations on these fiscal cliff talks. rob and paula, back to you. >> both sides are going to have to give a little. both sides. should be interesting. the president now trying to make a public push. he's meeting with business leaders to try to sell this plan. the white house warning closer and closer, the average family will pay $2,200 more a year in taxes if we go over the cliff by the end of the year. >> republicans coupling this with the entitlement program saying, we will do this if -- comes down to say they're closing tax loopholes, yes, we will do so. raszing taxes, they don't want to do so. >> the president said during the first news conference. look, i understand the loophole argument you are making that is not enough money to get us where we need to be. seems to be a divide there. intense negotiations you can imagine behind closed doors and in front of the camera. >> closer we get the more leverage the president has. >> merry christ
for years and believes the speaker wants to make a deal with president obama to avoid the fiscal cliff, but he's seen washington's dysfunction and has his doubts. >> he's somewhat just like the president. it's time to do ahead and do your job. >> speaker boehner is secure enough in his own district that his constituents will give him a free hand to negotiate. his bigger challenge is pulling together republicans from districts across the country behind any deal he ultimately strikes with president obama. >> carl, that's not just john boehner's job. it's also the job of eric cantor, the majority leader the on the democratic seed, harry reid and chuck schumer have to pull their flock behind any potential deal struck. that's not easy getting 60 votes the in the senate and the majority of the house. >> rangling cats on both sides, john. the president meeting with business executives at the white house, going to pennsylvania this week to visit a small business. all theater, or is there something bigger going on? >> he's trying to put pressure on the congress and generate more stakeholders. h
Search Results 0 to 32 of about 33 (some duplicates have been removed)